Fannie Mae today reported a $1.1 billion profit for the first quarter of 2016, following a $2.5 billion gain in the previous quarter. The decrease in profit was largely attributed to fair value losses as a result of decreased longer-term interest rates, offset by credit-related income. Freddie Mac earlier this week reported a loss for the first quarter.
FinCEN issues FAQ on southwest border geographic targeting order
FinCEN released an FAQ on a geographic targeting order targeting multiple counties and ZIP codes in four states along the Southwest U.S. border.









